Cosmos Tops 24 Hour Trading Volume of $32.02 Million (ATOM)

Cosmos (ATOM) traded 1.5% higher against the dollar during the twenty-four hour period ending at 9:00 AM ET on June 13th. Cosmos has a market capitalization of $1.02 billion and $32.02 million worth of Cosmos was traded on exchanges in the last day. One Cosmos coin can currently be purchased for approximately $1.99 or 0.00003096 BTC on exchanges. Over the last seven days, Cosmos has traded 21% higher against the dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• Cronos (CRO) traded up 0.7% against the dollar and now trades at $0.0601 or 0.00000094 BTC.
• Hedera (HBAR) traded down 0.2% against the dollar and now trades at $0.0787 or 0.00000123 BTC.
• Avalanche (AVAX) traded 1% higher against the dollar and now trades at $6.67 or 0.00010407 BTC.
• NEAR Protocol (NEAR) traded down 2% against the dollar and now trades at $2.05 or 0.00003201 BTC.
• Internet Computer (ICP) traded up 8.2% against the dollar and now trades at $2.47 or 0.00003845 BTC.
• Algorand (ALGO) traded up 0.6% against the dollar and now trades at $0.0889 or 0.00000139 BTC.
• Fetch.ai (FET) traded 7.5% higher against the dollar and now trades at $0.20 or 0.00000318 BTC.
• Akash Network (AKT) traded 6.1% higher against the dollar and now trades at $0.65 or 0.00001024 BTC.
• PayProtocol Paycoin (PCI) traded down 0.4% against the dollar and now trades at $0.0383 or 0.00000060 BTC.
• Theta Fuel (TFUEL) traded 1.1% lower against the dollar and now trades at $0.0084 or 0.00000013 BTC.

Cosmos Profile

Cosmos (CRYPTO:ATOM) uses the hashing algorithm. It launched on September 3rd, 2016. Cosmos’ total supply is 513,564,556 coins. The Reddit community for Cosmos is https://reddit.com/r/cosmosnetwork and the currency’s Github account can be viewed here. Cosmos’ official website is cosmos.network. Cosmos’ official message board is blog.cosmos.network. Cosmos’ official Twitter account is @cosmos and its Facebook page is accessible here.

According to CryptoCompare, “Cosmos is a network of many independent blockchains, called zones. The zones are powered by Tendermint Core, which provides a high-performance, consistent, secure PBFT-like consensus engine, where strict fork-accountability guarantees hold over the behaviour of malicious actors. Tendermint Core’s BFT consensus algorithm is well suited for scaling public proof-of-stake blockchains. The first zone on Cosmos is called the Cosmos Hub. The Cosmos Hub is a multi-asset proof-of-stake cryptocurrency with a simple governance mechanism which enables the network to adapt and upgrade. In addition, the Cosmos Hub can be extended by connecting other zones. The hub and zones of the Cosmos network communicate with each other via an inter-blockchain communication (IBC) protocol, a kind of virtual UDP or TCP for blockchains. Tokens can be transferred from one zone to another securely and quickly without the need for exchange liquidity between zones. Instead, all inter-zone token transfers go through the Cosmos Hub, which keeps track of the total amount of tokens held by each zone. The hub isolates each zone from the failure of other zones. Because anyone can connect a new zone to the Cosmos Hub, zones allow for future-compatibility with new blockchain innovations. The supply won’t be limited as the project plans to introduce a yearly inflatory model. Telegram, Discord, GitHub, Reddit, YouTubeWhitepaper”

Cosmos Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Cosmos directly using US dollars. Investors seeking to acquire Cosmos should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Cosmos using one of the aforementioned exchanges.

ATOM/USD price chart by TradingView